[Reference] April 27, 2006
FY2005 ended March 2006
Summary of Consolidated Results
Kyushu Electric Power Co., Inc.
Shares listed on:
Stock code: 9508 Tokyo Stock Exchange,
(URL: http://www1.kyuden.co.jp/en_index) Osaka Securities Exchange,
Representative: Mr. Shingo Matsuo, President Fukuoka Stock Exchange
Contact: Investor Relations Group, Corporate Planning Office Location of head office: Fukuoka
Tel: +81-92-761-3031 (Operator)
Meeting of board of directors to approve financial results: April 27, 2006
Application of U.S. accounting standards (yes/no): No
1. Consolidated results (April 1, 2005-March 31, 2006)
(1) Consolidated business results
(Rounded down to the nearest million yen)
(million yen) (%) (million yen) (%) (million yen) (%)
FY2005 ended Mar. 2006 1,401,751 -0.5 171,284 -19.9 125,279 -21.7
FY2004 ended Mar. 2005 1,408,728 1.2 213,734 7.4 159,960 39.7
Notes: 1. Income or loss on investment accounted for by equity method (million yen):
FY2005 ended March 2006: 1,519 FY2004 ended March 2005: 746
2. Average number of outstanding shares during the term (consolidated basis):
FY2005 ended March 2006: 473,442,379 FY2004 ended March 2005: 473,555,640
3. Changes in accounting methods (yes/no): Yes
4. Percentage figures on sales, operating income, ordinary income and net income indicate the percentage change
on the interim results for the previous year.
(2) Consolidated financial position
Note: Number of outstanding shares at year end (consolidated basis):
FY2005 ended March 2006: 473,406,213 FY2004 ended March 2005: 473,484,512
Sales Operating income Ordinary income
Total assets Shareholders' equity Equity ratio
Shareholders' equity
per share
(million yen) (million yen) (%) (yen)
FY2005 ended Mar. 2006 4,102,319 1,052,785 25.7 2,223.21
FY2004 ended Mar. 2005 4,049,713 979,251 24.2 2,067.54
Net earnings
per share
Net earnings per
share adjusted for
latent shares
Net rate of return
on shareholders'
equity
Ratio of current
income to total
capital
Ratio of current
income to sales
(million yen) (%) (yen) (yen) (%) (%) (%)
FY2005 ended Mar. 2006 76,849 -13.9 161.67 - 7.6 3.1 8.9
FY2004 ended Mar. 2005 89,288 22.7 187.91 - 9.4 3.9 11.4
Net income
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(3) Consolidated cash flow
(4) Scope of subsidiaries and affiliates and application of equity method
Consolidated subsidiaries: 26
Non-consolidated subsidiaries accounted for by equity method: 12
Affiliates accounted for by equity method: 12
(5) Changes in scope of consolidated subsidiaries and affiliates and application of equity method
Consolidated subsidiaries
- Newly added: 5
- Excluded: None
By equity method
- Newly added: 3
- Excluded: 3
2. Results projection for FY2006 ended March 2007 (April 1, 2006-March 31, 2007)
References: Projection of net income per share [full year] (yen): 130.97
* The above projection was based on information available at the time of the release of this document.
Due to various factors, the actual result may vary from projection data.
Cash flow from
operating activities
Cash flow from
investment activities
Cash flow from
financing activities
Balance of cash and
cash equivalents at
year end
(million yen) (million yen) (million yen) (million yen)
FY2005 ended Mar. 2006 270,921 -197,081 -66,601 51,675
FY2004 ended Mar. 2005 419,273 -193,555 -221,042 42,830
Net income
(100 million yen)
Mid-term 6,830 940 730 450
Full-term 13,600 1,440 1,040 620
Sales
(100 million yen)
Operating income
(100 million yen)
Ordinary income
(100 million yen)
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